Dheeraj Jain – Dheeraj Jain is working as a Director at Redcliffe Capital based (Redcliffe is a brand for various cross-border investment management activities) in Londond and Gurgaon. He is also an investor at Nine River Capital, India focused Private Equity fund. In last few years, he was lead banker towards structuring and financing numerous crss border acquisitions in the mining, metal, technology, security services, manufacturing, shipping, oil, renewable power sectors covering India. USA, UK, Africa. He himself is seasoned investor and have network of other fund managers, banks and financial institutes supporting on prop investments and investment banking transaction done on his acumen of risk/reward and ability to stitching deal pieces together.
Dheeraj was born in a Jain family where his parents originated from Gwalior settled in 70s at Delhi establishing a plastic film manufacturing business. While he was growting he noticed typical ups and downs as an entrepreneur and learnt business at very early stage. He studied at green fields school, delhi and later did his BS in Computers Science Engg. At Delhi itself. He always had aspiration to grow his family business but also wanted to do something of his own. In fact when dheeraj was 13, he flew to Nepal for a marketing road show with various business customer of a new product line his family business started in plastic packaging business. He is a born entrepreneur but have patience, displays clarity and fan of details. He is also a learner and instead of joining family business he decided to leave delhi and relied on networking during dot com time for a job.
Dheeraj was extremely lucky to be picked by a Norwegian technology firm for an assignment in Oslo at age of 20 for a start-up venture. After few months of harsh Nordic winters, he found management consulting employment foa a Pune – London based firm covering large clients in energy and technology sector. He had a very good assignment at British Gas in 2001 but Nordics was he wanted to go back. In 2002,he was sent to Nokia in Finland for consulting contract on difficult time lines that won heart of lots of Finns. At age of 23, he was awarded Hall of Fame by a firm joint venture of Nokia and ICL Invia for his contribution in building and delivering internet product. In 2004, he joined Nokia, first in Finland and later moved to London, UK roles at various functions for hands-on experience building for next level of leadership. In his last few years at Nokia Devices & Services (now Microsoft) he was in Finance function he led and supported numerous global in-house investment, divestment programs, strategic cross border acquisition and most importantly financial planning activities supporting board room decisions.
While he was thinking to leave Nokia in search of his own venture, Harshita who he is now married for 11 years, delivered twin beautiful boys. This almost changed his life overnight but he also made his mind to do something India related. He left Nokia later to leverage his finance and investment management skills and initially was trained by very senior ex-Goldman Sachs and retired bulge bracket bankers. He also found the Indian companies are always seeking M&A opportunities globally with limited support on financing and this led his first and very successful venture project name Redcliffe. Redcliffe started with TMT focus banking but later moved into Leverage Buyout activities; principal investments, seed and early stage investment, fun raising for structured finance situations.
Dheeraj made an active and outstanding contribution on cross border M&A for Indian groups under a leverage buyout structure. Essentially these investments made by these companies on businesses were at a stress valuation and immediate turnaround created value enabled de-leveraging and positive cash flow. All this leading to creation of new employment locally downstream and upstream in profits and dividends back to Indian parent group. His notable work in field of Leverage buyouts, principal investments and banking, early stage financing must include the following.
He led team of financing and acquisition of coking coal-mining asset from bankruptcy court in Arkansas. Few months later, he helped financing waste oil re-refinery projects in various parts of USA in south Carolina, Ronake Virginia, New Hampshire. His contribution for medical transcription business acquisitions in Pittsburg, USA was told as outstanding. Similarly he made tremendous development for an industrial manufacturing company near Louisville. At Detroit, he continues to be part of core team of an auto components manufacturing firm delivering to GM and Ford car platforms globally. In field of renewable, he supported the financing of wind development business out of Minneapolis and still continues eye for acquisitions in this sector. Under a different business model, he led wind energy project financing in Croatia, Spain, Italy. He is also known for a security business (guarding, electronic) acquisition for a large Indian group in the UK. The list continues but he also associated with metal and mining projects in USA, Australia and Africa with support of larger team. Back in India, his contribution in infrastructure mainly power sector in quite visible. Together with his partner, he is in JV capaciety of putting a 350 MW super critical plant at Nellore district looking value creating opportunities from promoters who ran into stress due to market slowdown but ready to support the further development. Also the fund focuses on opportunities that save Indian government outgo in subsidies in fertilizer sector through creation of modern infrastructure. He also recently supported financing of shipping vessels for movement of commodities under Indian flag. The list is very long but at this age he have already demonstrated tremendous value creation for Indian companies globally and feels proud of his achievements.
Recently, his focus is a also in both supporting early stage ventures also supporting disruptions on aggregation business models riding on digital India phenomenon. He also partnered with industry leaders in field of education with clear mandate of changing methods rather then content both in school and colleges. Even – through it’s long journey, he believes continuous innovation and patience will yield the outcome.
He continues to be heavy business traveler dividing time between London and Gurgaon but he makes sure to be back with Harshita, Saksham and Vivan on every single weekend. He is MBA from Cass Business School at City University London where he was also guest lecturer undergrad classroom.